Seth Newman Purchases Retail Property On Malcolm X Boulevard From Bill Serbin For $2 Million

The asset involved in this transaction is a retail property located at 241 Malcolm X Boulevard in Harlem, Manhattan. It was sold for a transaction amount of $2,000,000, and the total square footage of the property is 1,500, resulting in a price per square foot of $1,333.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,000,000
• Square Footage: 1,500
• Price Per Square Foot: $1,333
• Buyer: Seth Newman
• Seller: Bill Serbin
• Broker: Ariel Ben Ezra - Wingate Advisors
• Date of Transaction: 01/16/2025

The transaction was facilitated by Ariel Ben Ezra from Wingate Advisors, who represented the seller, Bill Serbin, in this sale. The buyer, Seth Newman, acquired the retail property under terms not specified in the available details.